Neuralink was founded in 2016 by Elon Musk and engineers such as Max Hodak and Benjamin Rapoport. According to Bloomberg, In August 2023 the company raised $280 million from new investor Founders Fund to continue developing brain implants. Neuralink has not publicly endorsed plans to participate in an IPO.
Neuralink is a brain implant product software that aims to solve spine and brain problems with a seamlessly implanted device. Neuralink has had 6 total funding rounds and is valued at $686.2 million, per Forge Data. The implant company has a post-money valuation in the range of $1 billion to $10 billion as of August 2023.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/07/2023 | Series D | $281.55MM | $xx.xx | $344.66B | Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
14,795,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund
|
||||||
07/30/2021 | Series C | $205.9MM | $xx.xx | $215.19B | Founders Fund, Google Ventures, OpenAI | |
Price per Share
$xx.xx
Shares Outstanding
14,985,445
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, Google Ventures, OpenAI
|
||||||
05/10/2019 | Series B-1 | $156,279.20 | $xx.xx | $57.51B | Craft Ventures, Dfj Partners, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
45,430
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.9%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Craft Ventures, Dfj Partners, Valor Equity Partners
|
||||||
05/10/2019 | Series B | $51.16MM | $xx.xx | $57.51B | Craft Ventures, Dfj Partners, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
13,391,700
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Craft Ventures, Dfj Partners, Valor Equity Partners
|
||||||
08/25/2017 | Series A | $107MM | $xx.xx | $14.27B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
107,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|